Irish Residential Properties REIT Balance Sheet Health
Financial Health criteria checks 0/6
Irish Residential Properties REIT has a total shareholder equity of €697.3M and total debt of €569.6M, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are €1.3B and €602.3M respectively. Irish Residential Properties REIT's EBIT is €55.5M making its interest coverage ratio 1.9. It has cash and short-term investments of €9.8M.
Key information
81.7%
Debt to equity ratio
€569.55m
Debt
Interest coverage ratio | 1.9x |
Cash | €9.77m |
Equity | €697.33m |
Total liabilities | €602.29m |
Total assets | €1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QT8's short term assets (€17.1M) do not cover its short term liabilities (€23.3M).
Long Term Liabilities: 0QT8's short term assets (€17.1M) do not cover its long term liabilities (€579.0M).
Debt to Equity History and Analysis
Debt Level: 0QT8's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: 0QT8's debt to equity ratio has increased from 49.8% to 81.7% over the past 5 years.
Debt Coverage: 0QT8's debt is not well covered by operating cash flow (10%).
Interest Coverage: 0QT8's interest payments on its debt are not well covered by EBIT (1.9x coverage).